Assignment 3 Part 1: Operation Technology And Managem 461673

Assignment 3 Part 1 Operation Technology And Management Planuse The

Use the Assignment 3 Part 1: Operation, Technology, and Management Plan. Use the NAB Company Portfolio to complete this assignment. Write a three to six (3-6) page paper in which you provide the following information below. Operations Plan (1 – 2 pages) Note: Remember to assign a dollar amount to each operational cost you find, as you will need these figures for your income statement and cash flow in Week 8. Create an operations plan for your NAB company using the template in the text as a guide (p. 214 | Operations Plan Preparation Form - Click here for help accessing a specific page number in your eBook). Extract appropriate information from the NAB Company portfolio, where applicable. Other required items in the template should be filled in using your personal preferences. Provide a rationale for the competitive advantages section using appropriate functional-level and business-level strategies to explain the competitive advantages. Note: Much of the research pertaining to the hints provided here can be found in the NAB company portfolio. Hints: Consider whether you will rent or buy your facilities or outsource production to an existing company. Hints: One of your biggest expenses as a startup non-alcoholic beverage company will be transitioning from a small batch prototype of your beverage to production on a large scale. Research the equipment you will need (vats, refrigerators, burners, ovens, bottling equipment, and so on), whether you will rent or buy, how you will maintain and clean it, and so forth. Consider how you will ensure quality control. What capacity do you intend to reach? Hints: Deliberate your inventory control. Where do your supplies come from and what is your turnaround time to produce your beverage once you have received an order? Hints: Consider your distribution method. Refer back to your notes for the SWOT analysis assignment in Week 2 of class. Hints: How will you stay abreast of new developments in your industry? What new products do you have in development now, in addition to your flagship product? Describe your research and development activities and explain how they will contribute to the company.

Technology Plan (1 – 2 pages) Create a technology plan for your NAB company using the template in the text as a guide (p. 227 | Technology Plan Preparation Form). Extract appropriate information from the NAB Company portfolio, where applicable. Other required items in the template should be filled in using your personal preferences. Provide a rationale for the personnel needs section by incorporating appropriate functional-level strategies. Hints: Consider the type of technology your company will use to conduct the following activities: manage personnel; take, fulfill, and track orders; manage inventory; communicate with customers and provide customer service; and produce your beverage.

Management & Organization (1 – 2 pages) Create a management plan for your NAB company using the template in the text as a guide (p. 248 | Management Plan Preparation Form). Extract appropriate information from the NAB Company portfolio, where applicable. Other required items in the template should be filled in using your personal preferences. Using the flow charts on p. 242 as a guide, outline your company’s management hierarchy. Note: Charts or diagrams must be imported / included in the MS Word document. Provide a rationale for the management structure and style section by incorporating appropriate functional-level strategies.

Format your assignment according to these formatting requirements: Cite the resources you have used to complete this exercise. Note: There is no minimum requirement for the number of resources used in the exercise. Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.

Paper For Above instruction

The development of a comprehensive Operations, Technology, and Management plan is critical for establishing a foundation for the successful launch and sustainable growth of a non-alcoholic beverage company like NAB. This paper integrates insights from the NAB Company Portfolio with strategic planning frameworks to outline a detailed course of action across operational, technological, and organizational areas. Emphasis is placed on cost management, competitive advantages, technological infrastructure, personnel requirements, and organizational structure, all tailored to support the company's objectives.

Operations Plan

The operations plan serves as the operational blueprint detailing how NAB will produce, source, and deliver its products efficiently and cost-effectively. Key components include facility decisions—whether to rent or purchase equipment and space—and the equipment needed for large-scale production. For example, sourcing industrial vats, bottling machinery, refrigeration units, and cleaning systems will be essential. An initial investment estimate is necessary; for instance, renting equipment may cost approximately $50,000 annually, while purchasing could entail a capital expense of around $200,000. Quality control measures, such as sanitation protocols, equipment maintenance schedules, and standardized testing, will ensure product consistency.

Production capacity aims to align with market demand predictions, with an initial target of producing 10,000 bottles per month, scaling as demand increases. Inventory management strategies should be adopted, including just-in-time inventory to minimize storage costs while ensuring raw material availability. Suppliers will be vetted for reliable turnaround times, ideally less than one week from order receipt to production initiation, with localized suppliers preferred to reduce transportation delays. Distribution methods will include direct-to-consumer online sales and partnerships with retail outlets, supported by efficient logistics planning to minimize lead times. Market research and continuous industry monitoring, reflected in the SWOT analysis, will guide product development and diversification, such as introducing new flavors or health-focused variants.

Technology Plan

The technological infrastructure of NAB will support operational efficiency, customer engagement, and product management. Management of personnel will be facilitated through a human resources management system (HRMS) that handles recruitment, payroll, and performance monitoring. Order fulfillment and tracking will be managed via an integrated Enterprise Resource Planning (ERP) system, ensuring real-time processing of orders and inventory updates. Inventory management software will be employed to automate stock levels, reorder points, and supplier communication.

Customer relationship management (CRM) systems will be deployed to enhance customer communication, gather feedback, and facilitate marketing campaigns. Production activities will incorporate automated bottling lines with sensors to ensure quality and consistency, reducing manual errors. Additionally, developing an online portal for order placement, customer service inquiries, and product information will integrate technology-driven customer engagement frameworks. Personnel needs include hiring skilled operators, IT specialists, and quality assurance technicians to support these systems, with staff training aligned to technological advancements.

Management & Organization

The company's organizational structure will be designed to promote efficiency and clear communication, employing a hierarchical management system with defined roles. An organizational chart will depict top management, including a CEO overseeing operations, a production manager responsible for manufacturing activities, a quality assurance lead, a marketing director, and support staff for HR and administrative functions. The management style will emphasize collaborative decision-making, innovation, and adaptability, aligning with functional-level strategies to foster operational excellence and market responsiveness.

The management hierarchy will be visualized through a flowchart included in the MS Word document, illustrating lines of authority and communication channels. This structure will facilitate swift decision-making, quality control, and strategic planning, ensuring that each department operates harmoniously toward corporate goals. The organizational framework supports growth, flexibility, and a customer-centric approach critical to competing effectively in the competitive beverage industry.

Conclusion

In summary, the operations, technology, and management plans form a cohesive strategy for NAB’s successful market entry and expansion. By leveraging appropriate resources, technological tools, and organizational structures, the company can optimize costs, maintain high product quality, and adapt swiftly to industry developments, ensuring sustainability and growth.

References

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